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Multiple companies will keep a leading ledger that consolidates the global accounting principles for their company. They will also keep multiple non-leading ledgers to be used in various areas that may have different GAAP depending on their location. This practice is called ______.

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1. Multiple companies will keep a leading ledger that consolidates the global accounting principles for their company. They will also keep multiple non-leading ledgers to be used in various areas that may have different GAAP depending on their location. This practice is called ______.





 
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